LBS Bina up 2.6% on share split, bonus issue
KUALA LUMPUR (Nov 1): LBS Bina Group Bhd rose as much as 2.
KUALA LUMPUR (Nov 1): LBS Bina Group Bhd rose as much as 2.
KUALA LUMPUR (Nov 1): Property developer LBS Bina Group Bhd has proposed to split its shares on a one-to-two basis, followed by a bonus issuance on the basis of one bonus share for every 10 split shares held.
IN the light of the slowdown in the property sector, developers with a chunk of their sales in affordable housing are expected to weather the storm much better than those with high-end products, say analysts and real estate consultants.
KUALA LUMPUR (Sept 1): LBS Bina Group Bhd has earmarked 40% from a HK$200 million (RM108 million) part payment as special dividend.
PETALING JAYA (Sept 1): LBS Bina Group Bhd is confident of hitting its RM800 million sales target for financial year 2015 (FY2015), “Despite the current sentiment, we are confident of achieving at least RM800 million sales by end of this year, which is an increase of 25% over last year’s total sales.
LBS Bina Group Bhd (May 29, RM1.